MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
97 hedge funds and large institutions have $378M invested in MODEL N, INC. in 2018 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 14 closing their positions.
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
30% more capital invested
Capital invested by funds: $291M → $378M (+$87.1M)
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
8.11% more ownership
Funds ownership: 63.04% → 71.15% (+8.1%)
5% more funds holding
Funds holding: 92 → 97 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less call options, than puts
Call options by funds: $3.96M | Put options by funds: $4.18M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11M |
| 2 |
Renaissance Technologies
New York
|
+$7.86M |
| 3 |
Millennium Management
New York
|
+$5.98M |
| 4 |
BlackRock
New York
|
+$5.89M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$5.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
RGM Capital
Naples,
Florida
|
-$10.3M |
| 2 |
SFM
Soros Fund Management
New York
|
-$6.09M |
| 3 |
RG
Redmile Group
San Francisco,
California
|
-$5.5M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$3.77M |
| 5 |
RA
Royce & Associates
New York
|
-$2.87M |
MODN Hedge Fund Activity: Q1 2018 in Review
97 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q1 2018, worth a combined $378M — up 30% from $291M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MODN positions and 14 closed out — a net gain of 5 holders — while 35 added to existing stakes and 31 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $11M. The largest seller was RGM Capital, exiting entirely with an estimated $10.3M sold.
- 97 institutional investors held MODEL N, INC. (MODN) as of Q1 2018, up from 92 in Q4 2017.
- Funds reported $378M of MODEL N, INC. stock for Q1 2018, up 30% quarter-over-quarter.
- 19 funds opened new MODEL N, INC. positions in Q1 2018 and 14 closed out, a net change of +5 holders.
- The largest MODEL N, INC. buyer in Q1 2018 was Fidelity Investments, an estimated $11M added.
- The largest MODEL N, INC. seller in Q1 2018 was RGM Capital, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2018.